Tech Company Financing Transactions

Marco Financial Funding Round

On 2/27/2023, Marco Financial landed $208.2 million in funding from Arcadia Funds, Castlelake and MidCap Financial.

Transaction Overview

Company Name
Announced On
2/27/2023
Transaction Type
Debt
Venture Equity
Amount
$208,200,000
Round
Undisclosed
Investors

Arcadia Funds (Lead Investor)

Castlelake (Lead Investor)

MidCap Financial (Lead Investor)

Proceeds Purpose
The new funding will support Marco's growing client base and portfolio to expand its trade finance platform and suite of trade services aimed at closing the $2 trillion global trade finance gap that disproportionately impacts small and medium-sized enterprises (SMEs).

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
360 NW 27th St. 8th Floor
Miami, FL 33127
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Marco is a venture backed, tech-enabled trade finance platform providing working capital to Latin American SMEs.
Profile
Marco Financial LinkedIn Company Profile
Social Media
Marco Financial Company Twitter Account
Company News
Marco Financial News
Facebook
Marco Financial on Facebook
YouTube
Marco Financial on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jacob Shoihet
  Jacob Shoihet LinkedIn Profile  Jacob Shoihet Twitter Account  Jacob Shoihet News  Jacob Shoihet on Facebook
Chief Operating Officer
Peter Spradling
  Peter Spradling LinkedIn Profile  Peter Spradling Twitter Account  Peter Spradling News  Peter Spradling on Facebook
Executive Vice President
Barry Kastner
  Barry Kastner LinkedIn Profile  Barry Kastner Twitter Account  Barry Kastner News  Barry Kastner on Facebook
VP - Operations
Fred Leder
  Fred Leder LinkedIn Profile  Fred Leder Twitter Account  Fred Leder News  Fred Leder on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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